Increase your performance odds, both on the race track and in your organisation!

Horse racing is not just about throwing a bunch of beautiful thoroughbreds onto a track and seeing which one makes it over the finish line first. Thoroughbred horse racing is an intricate and highly refined and sophisticated sport and business requiring a great deal of thoughtful

decisions and choices along the way to the purses and prizes and that coveted circle located at the finish line, reserved for winners only.

This is very much like performance management – it requires those few crucial components to ensure that you have a winning formula. Let’s take a look at what they are.

Not all thoroughbreds are made equal. To ensure success at the

end of the road, start by choosing the best beast suited for the jockey. Ensure that you

pick the horse with all the necessary characteristics of

health and breeding.

Not all Performance Management Systems are made equal. To ensure success, look for a system that fits your processes, is flexible enough for your organisation to work remotely or via mobile, and can grow with your needs.

Horse Racing

Performance Management

The jockey is a crucial component to winning a horse

race. He has to be committed to its win, put in the effort to

ensure the best possible outcome and contribute to the

success of the partnership.

In performance management, each employee is crucial to making the whole process a success. They need to take it seriously, put in the required time and effort to complete appraisals and development plans, and understand that every individual contributes to the success of the process.

Input into the horse’s system is crucial in maintaining its

optimal health. Feeding it clean and nutritionally dense food will

ensure its health and success.

Input into the Performance Management Systems affects its success. Data should be accurate and clear, to ensure actionable items can be followed up and analytics can be applied.

Regular check-ups are a necessary component of a

winning horse. The regularity ensures that anything amiss can

be spotted in a timely manner.

In performance management, regular check-ups are akin to keeping regular performance conversations. This ensures that problems can be addressed sooner rather than later.

Training is the key to keeping the horse in tip top shape for the race. As the saying goes,

‘Practice makes perfect’

In performance management, training and development ensures employee engagement and career prospects. This encourages employees to participate more in the organisations’ success, knowing that they are recognised and rewarded for their contribution.

Finally, on race day, after all the preparation, the final factor to

consider is the race environment. This includes the

race track condition, the weather, the competitors. All

must come together in the right balance for the winning formula.

For performance management, the environment is akin to the organisation culture and support. The organisation needs to believe in the importance of performance management as a key tool for increased employee engagement and productivity for it to succeed. That culture needs to be developed and digested by every employee.

This infographic was produced by PageUp, a leader inHR & people management software

Cho�ing the Right Machine

�e User

Input

Check-ups

Training & Development

�e Environment

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Racing and Performance

pageuppeople.com

So in the spirit of horse racing and betting on our winners, keep in mind that you can always keep the odds in your favour by ensuring that all crucial factors to the

winning formula are kept.

By understanding the key factors play a part in determining performance, both on the race track and in your organisation, you can keep the odds in your favour

by ensuring that all crucial factors to the winning formula are kept.

Keep to the winning formula to increase your odds in performance, both on the race track and in your organisation, to ensure you have the best bet!